world Bank

2 Minutes

Extra

BREAKING: World Bank, AfDB to offer electricity to 300m Africans

Akanji Philip April 18, 2024 0 Comment

The World Bank and the African Development Bank (AfDB) are partnering to provide electricity access to at least 300 million people in Africa by 2030. This was disclosed following the meeting of World...

3 Minutes

Featured

Borno, Adamawa, others risk severe food crisis – World Bank Reports

Akanji Philip February 9, 2024 0 Comment

The World Bank has said seven states across the North-west and North-east regions of the country may suffer food crises due to high levels of insecurity and armed conflicts that has reduced the standards...

2 Minutes

VIEWPOINT

Economic Hardship, Insecurity Foreseen to Intensify in Six States — World Bank discloses list

Akanji Philip December 28, 2023 0 Comment

Persistent insecurity, armed conflict, and deteriorating livelihoods will continue to affect local government areas in Borno, Kaduna, Katsina, Sokoto, Yobe, Zamfara states, and the far north of Adamawa State in Nigeria until May 2024,...

1 Minute

National

FG Tasked To End Subsidy, Asked To Jerk Up Petrol Price to N750/L

VAM News December 13, 2023 0 Comment

THE World Bank has said the Federal Government may still be paying fuel subsidies, considering that the country’s fuel prices are currently not cost-reflective. It said the petrol price should be around N750 per...

4 Minutes

Business Featured National

BREAKING: FG gets over $1.5bn fresh W’ Bank, AfDB loans Dec – Edun

Akanji Philip October 17, 2023 0 Comment

The Federal Government on Monday said it had secured a budget support loan worth $1.5bn from the World Bank and another worth $80m from the African Development Bank to finance various projects in critical...

2 Minutes

Local News

Cash Transfer: FG Hits World Bank For Fresh $400m Loan

VAM News October 16, 2023 0 Comment

VAM NEWS UPDATE As parts of the measures to cushion the effects of petrol subsidy removal on Nigerians, the Federal Government has approached the World Bank for a fresh loan of $400m for the...

2 Minutes

Business Economy

Again, World Bank Approves Another $700m Loan For Nigeria

Akanji Philip September 23, 2023 0 Comment

The World Bank has approved a fresh $700m loan for Nigeria. It disclosed this in a statement published on its website on Friday, Sept. 22 The new loan is to provide additional...

2 Minutes

World News

Ekiti, 5 Other States To Benefit As World Bank Approves Fresh 700m Loan For Nigeria

VAM News September 23, 2023 0 Comment

Voice Air Media Ekiti state and other five states of Nigeria will benefit from the fresh 700 million dollars loan approved for the country by the word bank. The loan according to information is...

2 Minutes

Africa World News

World Bank: Niger coup pressures food markets in West Africa

Akanji Philip September 20, 2023 0 Comment

The World Bank says the coup d’état in Niger may put additional pressure on Nigeria and other West African nations’ food markets. According to the global bank, “The Nigerien coup d’état puts an...

2 Minutes

Business

World Bank links Lagos building collapses to poor regulation— Report

Akanji Philip July 17, 2023 0 Comment

The World Bank has attributed the frequent building collapse in Lagos State to gaps and loopholes in the permitting process and the use of unqualified professionals in the design and construction of buildings. ...